News

Producer and Dealer Prices (January 20, 2003)

Antimony: Mid-mkt US$2,470/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.60/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.00-7.60/lb.Copper: Comex Mar US$0.76/lb.Indium: Indium…


Northern Miner Indices (January 20, 2003)

NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…




Chinese gold reserves rise

According to data released by the Peoples Bank of China (PBOC), gold reserves in that country jumped by 100 tonnes (3.2 million oz.) in December 2002.The increase comes at a time of weakness in the U….



Masuparia drills Greywacke

Vancouver — Masuparia Gold (MPG-V) is considering developing a small open-pit gold mine on the Greywacke Lake property northeast of La Ronge, Sask.The announcement is based on results from a series o…


Canada’s junior exchange chases bull

Vancouver — The TSX Venture Exchange continued its bull run over the week ended Jan. 15. The S&P composite index closed up 15.2 points, or 1.38% of its value, to 1,110.57.Oasis Diamond Exploration tr…




Pele aims drills at Ardeen gold project

Another old gold project is being dusted off and revived: Pele Mountain Resources (GEM-V) is about to begin drilling at its wholly owned Ardeen mine property, 110 km west of Thunder Bay, Ont.Situated …


Iamgold joins Int’l Minerals in Ecuador

International Minerals (IMZ-T) (formerly Ecuadorian Minerals) has dealt Iamgold (IMG-T) an option to earn a 60% interest in its Canicapa project in southern Ecuador, about 380 km south of the capital …


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